GfH's profits increased 23% in the third quarter.
Mobasher: Net income attributable to shareholders increased 23.3% year-on-year in the third quarter of 2018.
According to the company 's statement, profits for the period amounted to $ 30.94 billion and $ 25.9 million for the same period in 2017.
Net income for the nine months was $ 44.13 billion, up 18.6 percent from $ 87.23 a year ago.
This increase reflects the continued growth of the investment banking business and its strong contribution and income from other related investments.
Total revenue increased 13.2% to $ 1,184.62 for the first nine months of 2018, and $ 161.61 million for the same period in 2017.
This is mainly due to income from investments in investment banking activities.
Integrated revenue for the third quarter of 2006 was $ 614.42 million, an increase of 523% from $ 52.18 million in the third quarter of 2006.